Catylist ID: #30420414
7001 Market Street & 7011 Ruth Avenue
Vacant Land for SaleAlso listed as Special Purpose
|Catylist Listing ID:||30420414|
|Property Subtypes:||Retail-Pad, Other|
|Gross Land Area:||10.90 Acres|
|Unit Price:||$298,325 Per Acre|
|Sale Terms:||Cash to Seller|
Overview / Comments
+/- 10.9* acres for sale off Market Street, adjacent to the future Military Cutoff Road extension. Currently zoned R-15 and B-2, this offering is ideal for Moderate High Density Multi-Family use with an estimation of 250 units available for build out (RMH-MH Profile Information Sheet available).
Water and sewer is accessible from the property (See page 4 for the water and sewer lines map). Please inquire for more information.
Deed Restriction: The Buyer of this property will also be acquiring the private road known as Ruth Avenue. The Buyer must take financial
responsibility for the continued maintenance and repair of this road. All current and future residents who live on Ruth Avenue will have free and unlimited access to Ruth Avenue in perpetuity. This will be stated as a Deed Restriction in the closing documents.
*Final acreage subject to survey, this is an approximation*
Attachments & Media
|Proximity:||1 mile||3 miles||5 miles|
Spruill ThompsonCape Fear Commercial, LLC NCCMLS Member
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